Novartis AG ADR (NYSE: NVS) on Tuesday, plunged -0.41% from the previous trading day, before settling in for the closing price of $115.02. Within the past 52 weeks, NVS’s price has moved between $92.19 and $120.92.
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A company in the Healthcare sector has jumped its sales by 0.78% annually for the last half of the decade. The company achieved an average annual earnings per share of 15.28%. With a float of $1.96 billion, this company’s outstanding shares have now reached $2.04 billion.
In an organization with 76057 employees, it is important to assess its efficiency.
Novartis AG ADR (NVS) Insider and Institutional Ownership
Observing investor behavior towards Drug Manufacturers – General industry stocks is more important than anything else. The insider ownership of Novartis AG ADR is 0.00%, while institutional ownership is 7.07%. The most recent insider transaction that took place on Aug 12 ’24, was worth 733,572.
Novartis AG ADR (NVS) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.83 earnings per share (EPS) for the period topping the consensus outlook (set at 1.7) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.61% during the next five years compared to 5.63% growth over the previous five years of trading.
Novartis AG ADR (NYSE: NVS) Trading Performance Indicators
Novartis AG ADR (NVS) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.71. Likewise, its price to free cash flow for the trailing twelve months is 15.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.85, a number that is poised to hit 1.92 in the next quarter and is forecasted to reach 8.13 in one year’s time.
Technical Analysis of Novartis AG ADR (NVS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.98 million. That was inferior than the volume of 1.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.78%. Additionally, its Average True Range was 1.17.
During the past 100 days, Novartis AG ADR’s (NVS) raw stochastic average was set at 71.05%, which indicates a significant increase from 15.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.08% in the past 14 days, which was lower than the 15.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.91, while its 200-day Moving Average is $105.20. However, in the short run, Novartis AG ADR’s stock first resistance to watch stands at $115.02. Second resistance stands at $115.50. The third major resistance level sits at $115.95. If the price goes on to break the first support level at $114.09, it is likely to go to the next support level at $113.64. The third support level lies at $113.16 if the price breaches the second support level.
Novartis AG ADR (NYSE: NVS) Key Stats
Market capitalization of the company is 224.12 billion based on 2,044,000K outstanding shares. Right now, sales total 46,660 M and income totals 14,850 M. The company made 12,872 M in profit during its latest quarter, and 3,246 M in sales during its previous quarter.
